ank Nifty was down over half a per cent, while Nifty Financial Services fell 0.5 per cent.Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were flat with a negative bias on Wednesday, one day ahead of weekly options expiry. BSE Sensex was hovering around 52,670, while the Nifty 50 index gave up 15,800. Maruti Suzuki, Axis Bank, Housing Development Finance Corporation (HDFC), ICICI Bank, Kotak Bank were among top index laggards. Larsen & Toubro (L&T), Tech Mahindra HCL Tech, Sun Pharma, Power Grid Corporation of India, TCS, Infosys were among top Sensex gainers. Barring Nifty IT, Nifty Media and Nifty Pharma, all the sectoral indices were trading in the red. Bank Nifty was down over half a per cent, while Nifty Financial Services fell 0.5 per cent.
Zomato’s Rs 9,375-crore IPO, India’s biggest this year, opens on Wednesday, 14 July 2021. The IPO will be open for subscription till July 16. The IPO, which will give Zomato a valuation of Rs 64,365 crore, is being touted as the second-biggest since SBI Cards and Payment Services’ Rs 10,341 crore issue in March 2020. Post IPO, the valuation of Zomato will be more than the combined market capitalisation of five listed fast food and restaurant companies — Jubilant FoodWorks, Burger King India, Westlife Development, Barbeque-Nation Hospitality and Speciality Restaurants.
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